Morning Daily - 2016-08-03

Wednesday, August 3, 2016
Daily Newsletter
Policy | Industry | Passenger Vehicle | Commercial Vehicle | Two Wheelers | Aftermarket | Auto Components | Tyres
Top Stories
• Tiago, Redigo, Ameo contribute upto 60% of their respective cos' sales
• HMSI's protesting workers take a unique Kanwar yatra
• Toyota Motor holds back Lexus, Daihatsu launch in India
• Maruti Suzuki to launch Vitara Brezza petrol in early 2017 The Financial Express
• Employees' ideas help Continental AG save Euros 550mn in four years
• Bosch to manufacture 2-wheeler ABS at Chakan from April
• Weird driving rules that will make you question your own sanity
• BMW India launches new 520d M Sport at Rs 54 lakh (ex showroom)
• Rural demand to drive TVS Motor's market share to 15%
• BMW Group's Designworks appoints Oliver Heilmer as President
• Nissan India moves its corporate office to Gurgaon
• Eicher Motors set to challenge Hero MotoCorp as 2nd most valued 2wheeler stock
• Do You Work For A 'Bad' Boss? Here's How To Improve Your Situation (And Theirs) Forbes
• 8 Unrealistic Expectations That Will Ruin You Forbes
Policy
• GST test for Narendra Modi today: Heres what it means for India
• Mumbai plans 1% road safety cess on new vehicles
• India Inc hopes Rajya Sabha will pass GST bill
• Automakers, regulators spar over complex US emissions rules
• Karnataka HC asks constitutionality of OTTA Rules
Industry
• NGT nod to register 10 diesel vehicles for Delhi fire tending dept
• Infrastructure deficit biggest hurdle for 'Make in India': S&P
• Family of 'Star Trek' actor sues Fiat Chrysler over rollaway death
• SC seeks written offer from Mercedes Benz on green levy
• Mitsubishi Motors probe blames slack governance for mileage scam
• Indians have higher workplace satisfaction: Survey
• BMW Group sales up 5.7% in Q2; revenue rises by 4.5%
• Volkswagen files for US class action suit to be dismissed
• Indian consumer confidence index dips in Q2: Nielsen
• NHAI gives nod to Rs 31 cr highway work in Nashik
July Sales Report
• Auto stocks gain on robust July sales
• Tata Motors domestic sales up 8% in July
• Honda Cars India domestic sales down 25% in July
• Bajaj Auto registers 20 percent growth in domestic sales
• Hero MotoCorp sales up 9.13% in July
• GM, Ford US sales miss mark but industry strong overall in July
• German car sales drop 3.9% to 280,000 units in July
Passenger Vehicle
• Renault to produce two new models in Brazil: CEO Carlos Ghosn
• With Fuel Economy Rules In Play, Tesla Exec Says Automakers Aren't Trying To Sell Electric Vehicles Forbes
• German state of Bavaria to sue VW over emissions scandal
• In Tesla and SolarCity deal, a glimpse of Elon Musks clean-energy aspirations
• Honda Q1 operating profit up 11.5%, higher sales offset FX impact
• Ferrari Q2 core earnings beat expectations on higher shipments
Two Wheelers
• TVS Motor to launch 310cc bike this fiscal
• UM Motorcycles reports 44% global sales growth in Q2 2016
Aftermarket
• UTOO cabs purchases 200 flats in Perambur, Chennai for its drivers
• Didi's dominance of Uber in China offers roadmap for ride-hailing rivals
• App based cabs' GPS based bills show up to 5% error margin
• Bike rental business hots up in Visakhapatnam
• Didi-Uber Deal? They first need Mofcom approval
Auto Components
• Investors sell 25% stake in Mahindra Sona for up to Rs 150 cr
• Greaves Cotton Q1 net down at Rs 39 cr; revenue rises 5%
Auto Technology
• OPINION: Verizon's auto-tech roll-up makes a bit more sense
Auto Finance
• Maruti Suzuki shares hit all time high after 13% rise in July sales
• Trucks, tempos, gold and cars to be prime movers in moving up retail loans from NBFCs at 19-22%: ICRA
Automotive
• Tata Hitachi rolls out ZAXIS 370LCH Hydraulic Excavator from Kharagpur plant
Raw Material
• Indian govt to impose temporary anti-dumping duty on steel
Oil & Lubes
• Govt collects Rs 69,809 cr via petrol, diesel cess in FY16
• Castrol launches GTX range of engine oil for cars
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